Belgium

Belgium

Demography

Location: Western Europe, bordering the North Sea, between France and the Netherlands

Capital City: Brussels

Population: 10,414,336 (2009)

Total surface area in sq.km: 83,600

Official language: 30,528

Currency: Euros

Economy

GDP (current USD 2009): $461billion

GDP per capita (PPP, 2009): $ 34,906

Inflation Rate (annual, 2009): 0.0%

Currency Exchange Rate (average, 2009): 1.39 USD

Trade

Total Exports:

$370 billion

Total Exports as a % of GDP:

80%

Total Imports:

$352 billion

Total imports as a %of GDP:

76%

Exports to South Asia (% of total exports):

1.7%

Imports from South Asia (% of total imports):

1.5%

Documents required for exports (Number):

4

Documents required for Imports (Number):

5

Ease of doing business (Rank):

22

Top 5 Countries by Imports:

Country

Share in total imports

Germany

18%

Netherlands

18%

France

11%

UK

6%

USA

5%

Top 5 Commodities by Imports:

Commodity Type

Share in total imports

Mineral fuels, mineral oils and products or their distillation; bituminous substances; mineral waxes.

11.5%

Vehicles other than railway or tramway rolling stock, and parts and accessories

11.0%

Pharmaceutical products.

9.6%

Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof.

8.9%

Organic chemicals

7.8%

Infrastructure

Number of Airports: 43
Number of Ports: 4
Roads (kms): 153070 kms
Rail (kms): 3513 kms
Mobile user penetration (per 100 people): 110
Landline user penetration (per 100): 41
Internet user penetration (per 100): 68

Relationship with India

Bilateral relations with India

Share of India in total imports: 1.1%


Top 5 imported commodities from India:

Commodity Type

Share in total imports

Engineering goods

23.51%

Chemicals & related products

8.34%

Readymade garments

5.30%

Textiles (excluding readymade garments)

3.86%

Tobacco unmanufactured

3.47%


Trade Facilitation Organizations

Council of EU Chambers of Commerce in India -http://www.euindiachambers.com

 

Sources: World Development Indicators, CIA world Factbook, UN Comtrade